Ultimo co. operates three production departments as profit centers. the following information is available for its most recent y
1 answer:
You might be interested in
Answer:
6.05 years
Explanation:
Payback period is the time in which a project returns back the initial investment in the form of net cash flow. For this purpose we use the net cash flows to calculate the payback.
Payback working is attached with this answer please find it.
